Institute for Regional Forecasting

We are often asked how the recession and downturn in the national housing market has affected the prices of homes in the Houston area. Home prices for the nation as a whole started dropping in 2006 and continued through 2011. The median home price has now slumped by more than 30 percent and may decline […]
[Read More]

Houston (and Texas) economies continue to outperform the U.S. in whole. Houston grows because it has multiple layers of adhesive, ranging from the port, Medical Center, colleges and universities, oil and gas, industrial and manufacturing, trade (wholesale and retail), transportation and finance. Summary of the University of Houston’s Institute for Regional Forecasting Symposium Held Nov. 8, 2011.
[Read More]

“Bumper Car Economics: You Know Where You’re Going, But Things Keep Bumping Into You – Jobs, Interest Rates, Energy Costs, Disasters, and Real Estate” The economy is akin to driving bumper cars: you know where you are going but things keep bumping into you causing changes of direction, velocity, and, sometimes, change in destination. The […]
[Read More]